0
Waagacusub.net A member of the parliament and a former state minister of finance has warned the government against printing new currency. MP Abdullahi Mohamed Nur, who is also the Secretary of the Parliament Committee on Budget & Finance, said there were many challenges that need to be addressed by the government before it embarks on printing the new currency. The challenges include securing the huge funds needed to finance printing and keeping the value of the new currency, political stability and a reaching a consensus with the regional states, improving security conditions, setting mechanisms for tackling corruption among other challenges, he cited.
He called for the government to put in place and implement all the pre-required conditions rather than embark on such huge task for political propaganda and ignoring all the potential economic risks involving in the process. His remarks came after the Somali government this week released the design of new banknotes to be printed this year.
He also cited Al-Shabaab as another main challenge to printing the new currency as it will threaten business people for using the new currency. He, thus, called for the defeat of Al-Shabaab and addressing the issue of Somaliland before the new currency is printed. He also pictured a grim picture of the central bank and said it doesn’t have the capacity to manage such a task for the time being.
Waagacusub.net - Globally, scientists are camping in Laboratories to find a solution to the Covid-19 pandemic. Sometime in 2020, Dr Patrick Engeu Ogwang, an associate professor of Pharmacy at Mbarara University of Science and Technology (MUST) in Uganda, and a team of other researchers under PHARMABIOTRAC developed a herbal biomedical invention called Covidex. This innovation is said to be a broad spectrum natural remedy intended to manage and treat the Covid-19- Corona virus. Full Article
I hereby inform the country that By virtue of the Authority given to the President of Uganda by Articles: 108(2), 108A(1), 113(1) and 114(1) of the 1995 Constitution of the Republic of Uganda, I hereby appoint H.E. the Vice President, Rt. Hon. Prime Minister, Honourable Cabinet Ministers and other Ministers as indicated below: Full Article
Waagacusub.com - The government of Somaliland denied that it had any advance information of a submarine fibre optic internet cable entering the country from Berbera. Full Article
Somalia suffers from the disgraceful culture of leaders and politicians invoking deceptively legitimate documents like the Provisional Constitution for bolstering false claims and arguments or for obfuscating critical search for truth. That culture has undermined the requirement of truth, good faith, and accountability in the public life and dashed the public hope for democratic state of Somalia governed by the rule of law and democratic values. Full Article
Waagacusub.net - Somalia is mired in out of control political and security situation created by broken electoral promises, egregious abuses, and foreign policy blunders committed by the federal government of President Mohamed Abdullahi Farmajo. The Gulf crisis, the moratorium of the Federal Member States (FMS), and the surrender to the manipulations of divide and rule of Ethiopia have elevated public pessimism and stoked intense acrimony between federal and state leaders, which have exacerbated Somalia's vulnerability and relapse into chaos. Federal Government could soon be isolated for directionless. Full Article
Former Al-Shabaab deputy leader to seek elected office Full Article
Former Intel official stripped from NISA membership Full Article
Omer Sworn In As Ethiopia's Somali State President As Parliament Revokes Ex Leader Abdi Iley's Immunity From Prosecution Full Article
Uganda military court drops charges against MP Bobi Wine Full Article
Mogadishu, Somali Prime Minister Hassan Ali Khaire received a high-level delegation from Eritrea including foreign minister, H. E. Ahmed Saleh and adviser to President of Eritrea, Mr. Yamane Gebreab, who are on an official visit to Somalia at the invitation of President of the Somalia, H. E Mohamed Abdullahi Mohamed (Farmajo). Full Article
President HSM's Proclamation to Defeat Al-Shabab by Force in Somalia To overcome the complex problems of civil war, state fragility, and underdevelopment, the Somali people supported risky political changes for a government that promotes freedom, justice, peace, and prosperity in Somalia. For example, the Islamic movements enjoyed popular support to end the brutal reigns of warlords and the military occupation of Ethiopia and establish new government.
Waagacusub.net -Auditor General Mohamed Ali alias Afgoi has exposed missing millions of dollars from key departments within the Federal Government of Somalia [FGS], in what could raise questions about government expenditures. In his report, Afgoi said 25 entities and three embassies have been audited. Unsupported expenditure amounts to $9M; contracts worth $31M not registered with auditor general's office, the existence of unauthorized bank accounts outside the Treasury Single Account.
Waagacusub.net - IBS Bank Somalia, which is believed to have the largest amount of money, Al-Qaeda Finance Secretary Fazul Abdallah from Comoros has started issuing Visa Card Payments for the first time. Al-Shabaab's finance secretary confirmed that Mohamed Ali Warsame had $ 157 million in cash, according to Khalif Ereg, who was later bribed with $ 2 million.
I hereby inform the country that By virtue of the Authority given to the President of Uganda by Articles: 108(2), 108A(1), 113(1) and 114(1) of the 1995 Constitution of the Republic of Uganda, I hereby appoint H.E. the Vice President, Rt. Hon. Prime Minister, Honourable Cabinet Ministers and other Ministers as indicated below:
The Associated Somali Journalists is deeply concerned that journalists were today barred from covering the meeting of the leaders of the Federal Government of Somalia and Federal Member States (FMSs) as well as the Governor and Mayor of Mogadishu.
Egypt on Tuesday condemned a suicide bomber attack in Somalia that killed at least 20 soldiers. The attack took place at a training camp in the Somali capital, Mogadishu, on Monday. The al-Shabab terrorist group claimed responsibility. Full Article
President HSM's Proclamation to Defeat Al-Shabab by Force in Somalia To overcome the complex problems of civil war, state fragility, and underdevelopment, the Somali people supported risky political changes for a government that promotes freedom, justice, peace, and prosperity in Somalia. For example, the Islamic movements enjoyed popular support to end the brutal reigns of warlords and the military occupation of Ethiopia and establish new government. Full Article
Western Intelligence Agencies Oppose the Democratization of Somalia Intelligence Services (NISA) History documents the strong character of the Somali people associated with messy democratic rule that cherishes individual liberty, freedom of expression and opinion, Justice, and private entrepreneurship rather than with autocratic rule. British explorer, Sir Richard Burton wrote in 1856, "the Somalis are fierce race of republicans, constantly changing political loyalties – the Somalis lived in what amounted to a state of chronic, political schizophrenia, verging on of anarchy. Every freeborn man holds equal to his ruler and allows no loyalties or prerogatives to abridge his birthright of liberty." However, Somalis are docile to discipline and obedience if social mediation applied fairly. The appropriate model of government for Somalia is the democratic rule. Full Article
Waagacusub.net -Auditor General Mohamed Ali alias Afgoi has exposed missing millions of dollars from key departments within the Federal Government of Somalia [FGS], in what could raise questions about government expenditures. In his report, Afgoi said 25 entities and three embassies have been audited. Unsupported expenditure amounts to $9M; contracts worth $31M not registered with auditor general's office, the existence of unauthorized bank accounts outside the Treasury Single Account. Full Article
Waagacusub.net - IBS Bank Somalia, which is believed to have the largest amount of money, Al-Qaeda Finance Secretary Fazul Abdallah from Comoros has started issuing Visa Card Payments for the first time. Al-Shabaab's finance secretary confirmed that Mohamed Ali Warsame had $ 157 million in cash, according to Khalif Ereg, who was later bribed with $ 2 million. Full Article
Hormuud's Assault on African Peacekeepers Figure 14: African Peace Keepers Hormuud launched a scorching public campaign against the Kenyan military forces in AMISOM in late August 2019. Full Article
Former Intel official stripped from NISA membership Full Article
PM KHEYRE USELESS AND COSTY OVERSEAS TRIPS. Full Article
Abiy says 'New Year' will be celebrated in Eritrea, Ethiopian Airlines to resume flights Full Article
Massive rise in Islamist militant attacks in Africa Full Article
A Former State Minister Of Finance Warns Government Against Printing New Currency
A Former State Minister Of Finance Warns Government Against Printing New Currency